S V Global Mill Ltd — Important, 20-12-2025: Company Update

The company has received deemed orders from the Asst. Commissioner, Assessment Circle-Mylapore, for the Financial Year 2021-2022. These orders involve a total demand of Rs 1.16 Crores and Rs 8.36 Lakhs, inclusive of interest and penalty, pertaining to alleged excess ITC claims, exempt supplies, non-GST supply, and incorrect input tax credit. The company believes there is no material financial or operational impact and plans to challenge these orders in the High Court, confident in its case.